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Springfield: Knox Residences, Phase I

First Resource Companies

Knox Residences

Loan Approved: November 24, 2021


MHP is providing a $400,000 permanent loan from its bank-funded loan pool.

TYPE: Adaptive re-use

WHERE: 53 Wilbraham Rd., Springfield

WHAT: Adaptive re-use of a historic mill building into 55 affordable apartments

AFFORDABILITY: All affordable at or below 60% AMI

MHP FINANCING: A $400,000 permanent first mortgage loan

RENTAL INFORMATION: Knox Residences on Housing Navigator

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